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Category: Economy

Business Economy

Dangote Cement shares trade in $350m off-market deal

Iheanyi Ejiofor December 18, 2017

Emeka Ejere || Some 550 million shares of Dangote Cement were sold at N225.7 each on Monday in a one-off stock market deal valued at $350 million, traders said. Traders…

Read More Dangote Cement shares trade in $350m off-market deal
Business Economy

Q3: Banks gave N15.8 trillion credit to private sector – NBS

Iheanyi Ejiofor December 18, 2017

Emeka Ejere || Deposit money banks in the country allocated credit facility worth N15.83 trillion to the private sector in the third quarter of 2017, a Nigerian Bureau of Statistics,…

Read More Q3: Banks gave N15.8 trillion credit to private sector – NBS
Breaking Business Economy

JUST IN: PENGASSAN suspends planned nationwide strike

Iheanyi Ejiofor December 18, 2017 headline

Ebun Francis || The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called off its planned nationwide strike scheduled to commence at 11:59 P.M. on Monday. The…

Read More JUST IN: PENGASSAN suspends planned nationwide strike
Business Economy

Nigeria floats N10bn first African Green bond

Iheanyi Ejiofor December 18, 2017 headline

Ebun Francis || Nigeria on Monday through the Debt Management Office (DMO), launched a N10.69 billion Green bond to fund clean energy projects in the 2017 budget. The bond, according…

Read More Nigeria floats N10bn first African Green bond
Business Economy

PENGASSAN strike likely from Monday as talks hit deadlock

Iheanyi Ejiofor December 17, 2017 headline

Emeka Ejere || The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), said on Saturday it would launch a strike from Monday after talks aimed at resolving a…

Read More PENGASSAN strike likely from Monday as talks hit deadlock

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